Increasing Home Values Lift 1 Million Homes from 'Underwater' Status
Pro Builder
AUGUST 6, 2021
Chicago, Philadelphia, and New York experienced the largest declines in underwater homes during that period, reports National Mortgage News. There remain pockets of the country where housing debt-traps are widespread. Now, with home values up, there remains 2.25 million underwater homes, but it’s down from 3.5
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